| Page | |||
|---|---|---|---|
| Reference and administrative | information | ||
| Trustees' Report |
2-8 | ||
| Independent auditor's |
report | to the trustees | 9-13 |
| Statement offinancial | activities | ||
| Balance Sheet. | 15 | ||
| Statement ofcash flows | 16 | ||
| Notes to the financial | statements | 17-23 |
| Trustees | SM Invalid (Chairman) | |
|---|---|---|
| RM Invalid | ||
| M N Mansha | ||
| Registered | Office | Euro House |
| Dale Street | ||
| Craven Arms | ||
| Shropshire | ||
| SY79PA | ||
| Solicitors | JMW Solicitors LLP | |
| 1 Byrom Place | ||
| Manchester | ||
| M3 3HG | ||
| Bankers | Al Rayan Bank PLC | |
| 394Coventry Road | ||
| Small Heath | ||
| Coven'~ Road | ||
| Birmingham | ||
| B10OUF | ||
| Independent | Auditors | Grant Thornton |
| 13-18City Quay | ||
| Dublin 2 | ||
| Ireland | ||
| DO2 ED70 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||||
| NOTES | |||||||
| INCOMING RESOURCES | |||||||
| Incoming resources from | generated | funds | |||||
| Donations | 763,842 | 699,878 | |||||
| Activities for generating |
funds | ||||||
| Investment income |
5, 6 | 10,000 | 10,000 | ||||
| Other income | 5 | 7,798 | 7,945 | ||||
| Total incomin resources |
781,640 | 717,823 | |||||
| RESOURCES EXPENDED | |||||||
| Ex enditure on charitable activities |
(544,237 | 627,585 | |||||
| Total resources ex ended | (544,237) | 627,585 | |||||
| Net incoming resources |
237,403 | 90,238 | |||||
| FUND BAIANCES | |||||||
| Fund balances brou ht fonvard | at 1 | ul | 2022 | 1,578,562 | 1,488,324 | ||
| Fund balances carried forward | at | 30 | une 2023 | 16 | 1,815,965 | 1,578,562 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| NOTES | |||||||
| FIXEDASSETS | |||||||
| Investments | 10 | 747,000 | 460,000 | ||||
| 747,000 | 460,000 | ||||||
| CURRENT | ASSETS | ||||||
| Debtors | 11 | 280,000 | 265,000 | ||||
| Cash at bank | 12 | 796,965 | 860,562 | ||||
| 1,076,965 | 1,125,562 | ||||||
| Creditor: amounts | fallin | due within one | ear | 13 | 8,000 | 7,000 | |
| Net current | assets | 1,068,965 | 1,118,562 | ||||
| Net assets | 1,815,965 | 1,578,562 | |||||
| The funds ofthe Foundation | |||||||
| Unrestricted | income | funds | 15 | 1,815,965 | 1,578,562 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | |||||
| Net incoming resources | 237,403 | 90,238 | |||
| Increase in debtors | (15,000) | (1,000) | |||
| Increase in creditors | 1,000 | 1,000 | |||
| Net cash enerated from operatin |
activities | 223,403 | 90,238 | ||
| CASH FLOW FROM | INVESTING | ACTIVITIES | |||
| Purchase ofinvestments | 287,000 | 350,000 | |||
| Net cash utilised in investin | activities | (287,000) | 350,000 | ||
| Decrease in cash during | the year | (63,597) | (259,762) | ||
| Cash at the be innin | ofthe | ear | 860,562 | 1,120,324 | |
| Cash at the end ofthe | ear | 796,965 | 860,562 | ||
| Cash at the end ofthe | year comprise | of | |||
| Cash at bank | 796,965 | 860,562 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Auditor's | remuneration | 1,000 | 1,000 | |
| 5. | Incoming resources |
| . Incoming resourc |
es | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| funds 2023 | 2023 | |||||
| Incoming resources | from generated | funds | ||||
| Donations from related parties |
763,704 | 763,704 | ||||
| Other. donations | 138 | 138 | ||||
| Total income relatin | to | fundraisin | 763,842 | 763,842 | ||
| Activities for generating | funds | |||||
| Investment income |
10,000 | 10,000 | ||||
| Other income | 7,798 | 7,798 | ||||
| Total income from | eneratin | funds | 17,798 | 17,798 | ||
| Total incomin resources |
781,640 | 781,640 | ||||
| Unrestricted | Total | |||||
| funds 2022 | 2022 | |||||
| Incoming resources | from | generated | funds | |||
| Donations from related parties |
686,711 | 686,711 | ||||
| Other donations | 13,167 | 13,167 | ||||
| Total income relatin | to | fundraisin | 699,878 | 699,878 | ||
| Activities for generating |
funds | |||||
| Investment income |
10,000 | 10,000 | ||||
| Other income | 7,945 | 7,945 | ||||
| Total income from | eneratin | funds | 17,945 | 17,945 | ||
| Total incomin resources |
717,823 | 717,823 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Income | from | unlisted | investments | 10,000 | 10,000 |
| 2023 | 2022 |
|---|---|
| Number | Number |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| Charitable | activities | |||
| Emergency | BrHealthcare | 124,067 | 100,075 | |
| Education | K Training | 223,375 | 392,650 | |
| Social Community welfare |
195,750 | 133,790 | ||
| Auditor's | remuneration | 1,000 | 1,000 | |
| Bank char | es | 45 | 70 | |
| 544,237 | 627,585 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Loan | advances | includin | Qard | Hasans) | 280,000 | 265,000 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Cash | at | bank | 796,965 | 860,562 |
| 2023 | 2022 | |
|---|---|---|
| Accruals | 8,000 | 7,000 |
| 5. Unr | estricted funds |
||||
|---|---|---|---|---|---|
| Balance | Incoming | Outgoing | Balance | ||
| 1July 2022 | funds | funds | 30June 2023 | ||
| Grou | |||||
| General | funds | 1,578,562 | 781,640 | 544,237 | 1,815,965 |
| 1,578,562 | 781,640 | 544,237 | 1,815,965 |
| 2023 | Unrestricted | Total | |||
| funds | funds | ||||
| Investments | 747,000 | 747,000 | |||
| Current assets |
1,076,965 | 1,076,965 | |||
| Creditors: | fallin | due after more than one | vear | 8,000 | 8,000 |
| 1,815,965 | 1,815,965 | ||||
| 2022 | Unrestricted | Total | |||
| funds | funds | ||||
| Investments | 460,000 | 460,000 | |||
| Net current assets | 1,125,562 | 1,125,562 | |||
| Creditors: | fallin | due after more than one | ear | 7,000 | 7,000 |
| 1,578,562 | 1,578,562 |